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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010877633
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10005766044
In the past decades unemployment in the Netherlands has gone down substantially. The main suspects responsible for this … unemployment rate in the Netherlands has increased somewhat. However, since the huge decline in unemployment was due to structural … improvements in the functioning of the labor market there is not a lot of reason to worry about the recent rise in unemployment …
Persistent link: https://www.econbiz.de/10005406185
interact to determine unemployment by estimating a dynamic panel model using the system generalized method of moments (GMM). We … as well as decreased banking concentration reduce unemployment if the level of labour market regulation, union density … intermediated credit and banking concentration is beneficial for employment when the degree of labour market regulation, union …
Persistent link: https://www.econbiz.de/10008596580
to reduce the currently high unemployment among the low-skilled dramatically. Among the high-skilled, scarcities will …
Persistent link: https://www.econbiz.de/10005405965
performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes … increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection …, higher taxes and larger economic burden represented by the minimum wage decrease employment and activity rate. Moreover …
Persistent link: https://www.econbiz.de/10005094425
underemployment. Furthermore, we examine the welfare implications of trade liberalization and find that under certain conditions the …
Persistent link: https://www.econbiz.de/10008799728
especially important early in the unemployment spell. Our results are robust across various specifications and for two …
Persistent link: https://www.econbiz.de/10010550834
employment. As a consequence, endemic un- and underemployment is accepted as an inevitable attribute of the labor market. This is …The “natural” in the natural rate of unemployment is a misnomer, insofar as unemployment does not occur in nature. The … creative restructuring of that market our aim should be bring the underemployment rate down to 1.2%, the rate that obtained in …
Persistent link: https://www.econbiz.de/10010948813
employment like labour costs and productivity, the skill level of the population, and demography. Considering that ownership may … be endogenous to (shocks in) employment, we use IV estimation methods. Overall, we find evidence in favour of the Oswald … significant fall in the employment rate by about 0.3 percentage points. Our results underscore the importance of including other …
Persistent link: https://www.econbiz.de/10008861865